Barney Frank actually said...

First, I want to say to a certain extent he's right. He's a good CEO and it is a well run bank. That's precisely why we need regulation.

Frank emphasizes the need for regulation even in well-run banks like JPMorgan Chase.

05/10/2012

More Barney Frank Quotes

this notion that the Director cannot be removed is fanciful.

it wasn't in the House, but there was a press conference in the White House that I attended long before it got to the end

But the notion that in adopting regulation, we should deal only with things that have already proven to be problematic and not try to antici...

if uncertainty is an issue and you want to get past the process of resolving what happened before and what is the basis for the rules going ...